CENTER FOR CORPORATE LAWS – Learning & Practice (“CCLP”)

SVKM’s NMIMS School of Law’s Center for Corporate Laws, which would be established soon, proposes to be one of the centers for Learning and Practice in the field of Corporate Laws (“CCLP”). A proactive resource center, CCLP aims to be a full- fledged arm of School of Law, having a faculty coordinator and a core team of research scholars working on Corporate laws by providing a platform for our students to engage in learning, research, understanding of the acts and compliance issues, policy analysis, conduct seminars and consultation with all stakeholders - including, industry, legal experts and corporate bodies .To meet its objectives, CCLP seeks to build linkages and collaborate with corporates, professional bodies and Chambers of Commerce and Industry.

Genesis and Need for the Center of Corporate Laws

As the Indian economy is growing and trying to excel in an era of increasing global competition and economic uncertainty, understanding the role that corporations play to increase the national wealth is more important than ever. Corporations in turn are governed by a plethora of corporate laws and compliances, the knowledge of which is indispensable for survival in a world with cut throat competition.

Corporate laws play a predominant role in today’s society as business enterprises are more likely to grow and prosper only if there are fewer abuses and a quick redress mechanism is available to the victims of corporate frauds .Investors will be more willing to invest, and will do so at higher valuations, if they are sufficiently confident that their wealth will not be expropriated by the directors and officers (i.e., insiders) and controlling shareholders.

Similarly not adhering to statutory compliances could lead corporates to huge economic losses, loss of market reputation and even criminal liability.

Awareness about Corporate laws, their application, abuses and compliance issues are indispensable for students and the corporates. Thus a need was felt for having a centre which would strive to create awareness among the various stakeholders.

Objective of the center

To equip law students and legal professionals with knowledge of corporate laws.

To impart knowledge and training about different forms of organizations, functions in organizations, business strategies and environment, along with an exposure to Business laws and compliances

Promoting, encouraging and initiating research related to corporate laws.